Refining
easyJet, Renavia and WFS sign MoU for long-term supply of SAF
easyJet, Braathens Renavia, in partnership with Mana Group and World Fuel Services singed a Memorandum of Understanding for the long-term supply of sustainable aviation fuel for easyJet’s operations in Europe and the UK. The agreement provides easyJet access to up to 150,000 tons of SAF (including up to 75,000 tons of e-SAF) from 2030.
Russian Urals oil sales to Turkey in Nov. up 38% m/m as STAR refinery increases runs
Russian Urals oil supplies to Turkey's ports in November increased to 9.9 MMbbl from 7.4 MMbbl in October as its main consumer was back from outage.
Russia's oil and gas revenue down by a third in November m/m
Russia's oil and gas revenue in November is seen falling by one third to 0.78 T roubles (some $7.5 B) from 1.21 T in October.
Oil majors betting big on biofuels with more than 40 projects by 2030
Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with 43 projects expected to be up and running by 2030.
NNPC's Port Harcourt resumes output in boost to Nigeria oil refining
Nigeria's Port Harcourt refinery has resumed production, marking the first of state-owned oil firm NNPC Ltd.'s four plants to return from upgrade work announced in 2020.
Indian refiners' October crude processing up over 3% y/y
Indian refiners' throughput in October rose over 3% year-on-year to 5.04 MMbpd (21.3 MM tonnes).
Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France
Air Liquide has announced a renewable hydrogen (H2) production project at La Mède (Provence-Alpes-Côte d'Azur region in France). In the context of a long-term contract, Air Liquide will cover the H2 needs of TotalEnergie's biorefinery.
Hexagon collaborates with Microsoft to enhance industrial operations
Hexagon’s Asset Lifecycle Intelligence division has announced its collaboration with Microsoft, using the Microsoft Azure cloud platform to host the recently launched HxGN SDx2 solution.
China issues extra crude oil import quota to teapot refineries
China has issued an additional crude oil import quota of at least 5.84 MM tonnes (t) (116,800 bpd) to independent refiners for cargoes arriving by end-2024 and in early 2025.
Gauging the likely Trump effect on U.S. energy and power sectors
President-elect Donald Trump's support for the fossil fuel sector and climate skepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may reverse global energy transition momentum.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
